Former Merrill Lynch Broker Pleads Guilty to Overcharging BofAML Customers

[kreslik.news]

Thomas Buck, a former senior investment broker at Merrill Lynch, has agreed to plead guilty to being involved in a fraudulent overcharging case and for engaging in unauthorized trading, according to a filing from the US justice department to the federal court in Indianapolis this week.

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Buck, 63, was fired by BofAML in 2015, and in the same month permanently barred from the securities industry by FINRA for several violations including mislabelling a bond trade, failing to disclose ... (read more)